Super Bowl LV is a little more than a week away, and of course betting has started. So, what are the betting lines for Super Bowl 55 and who’s favored?
Super Bowl 55 Betting Update: Chiefs money still pouring in, but when +3.5-flat is offered, it’s taken quickly. Where’s the number going? Props starting to sprout up everywhere. SB Parties in NV have strict enforced guidelines.https://t.co/ngCqTFUxww pic.twitter.com/I2fu6EWN1n
— Micah Roberts (@MicahRoberts7) January 26, 2021
As of right now, the Chiefs open as 3.5 point favorites while the Bucs are 3.5 point underdogs. But, what does this mean, and what about all the prop bets?
Super Bowl LV Betting Line Explained
The Chiefs are -3.5 and the Bucs are +3.5 right now. The minus (-) sign is always attributed to the favorite while the plus (+) is given to the underdogs.
Thus, if you bet on Chiefs (-3.5), you would cash in on your bet if the Chiefs won by 3.5 points or more. Likewise, if you bet on the Bucs (+3.5), you ‘d be able to cash in on your bet as long as the Bucs lose by at most 3.5 points or win the game outright.
Similarly, you have money line odds on these teams too. For example, the Bucs are +140 and the Chiefs are -170. Again minus and plus signs are used to denote favorites and underdogs.
However, here the +140 means that for a bet of $100, if the Bucs win, you’d cash in on $140. However, for the Chiefs it would take a bet of $170 to cash in on $100.
Super Bowl Prop Bets
Prop bets aren’t bets on the outcome of the game itself, but rather certain aspects of it. For example, the most common one is the total number of points that people are expecting both teams to score.
Right now that number is at 56.5 points, so you can bet over or under for it. Other prop bets include, whether or not Patrick Mahomes will throw an interception with the odds of yes being +155 and no being -170.
Another prop bet is whether either team will score three straight times with the yes odds being at -210 and no being at +180. An entire list of all the prop bets can be found here.